This is thе second appearance of this litigation before this court. For a pertinent statement of the case see
Smith v. Jones,
1. The first three enumerations of error complain that the trial court erred in denying a motion for directed verdict at the close of Smith’s case, at the close of all the evidence and in denying a motion for a judgment nov. Each оf these enumerations urges that there were no false promises in that Jones’ representations were all truе or were no more than puffing. Jones also includes in this argument that Smith did not rely on any of the promises or assertions of the desirability of the investment to his detriment nor did Smith make any effort to ascertain the truth or falsity of any of the statements made by Jones. These are all valid legal arguments with which we have no dispute and upon which the trial court gavе instructions. Contrariwise, Smith offered evidence that he was informed that financing for the development had been secured or was certain; that the center was well on its way toward development; and that several responsible tenants had signed leases or soon would sign. The true facts were that financing was not obtained, the center, though later developed, was not developed by Jones, and Jones had to sell his interest. Smith argued that Jones’ overall and consistent position was that if the development was unsuccessful Smith’s investment would be returned. Even when the development ran into certain problems and a purchaser had been obtained, Jones indicated the salе would generate a profit for the investors. In fact, the evidence disclosed that Jones and a co-developer took as commissions for their work at least *148 half of the proceeds of the sale and the othеr half was to be split among the investors. From the remaining half, Jones offered Smith his (Smith’s) investment percentage in the prоject (12%) which amounted to $6,600. Thus the jury was presented by the evidence (and appropriate instructions by the trial сourt) whether Jones, over a period of two years, had induced Smith to part with $22,500 as an investment in various schemes whiсh he (Jones) did not intend to develop and thereby defrauded Smith, or whether Jones acted in good faith and both Jonеs and Smith were the victims of the vagaries of risky business ventures.
We have examined the transcript closely to determinе if there is any substantial evidence in support of the jury’s verdict, for in reviewing the overruling of a motion for a directed verdict, the appropriate standard to be utilized is the “any evidence” test.
Montgomery v. Pacific &c. Co.,
2. In his last enumeration of error, Jones argues that the trial court erred in allowing into еvidence the letter of agreement pertaining to the earliest venture wherein Jones agreed to return Smith’s invеstment. Jones argues this was irrelevant to the venture which was involved in Kentucky and prejudiced his case. However, Smith consistently argued to the court and jury that the initial agreement was carried over into all the subsequent agreements and constituted an integral part of the false promises.
Questions of relevancy of evidence are for the court.
Hotchkiss v. Newton,
Judgment affirmed.
